Advent International and Abu Dhabi Investment Authority's unit acquire a $3B minority stake in Fisher Investments, valued at $12.75B, as part of Ken Fisher's estate planning.

Private equity firm Advent International and Abu Dhabi Investment Authority's unit have acquired a minority stake worth up to $3 billion in Fisher Investments, valued at $12.75 billion. This transaction, part of Ken Fisher's estate planning, allows the investment firm to operate independently and expand its global reach. Fisher Investments, founded in 1979, oversees $275 billion for over 150,000 clients.

June 16, 2024
6 Articles